TMI BlogPower of Tribunal to enforce compromise or arrangementX X X X Extracts X X X X X X X X Extracts X X X X ..... or arrangement 231. (1) Where the Tribunal makes an order under section 230 sanctioning a compromise or an arrangement in respect of a company, it-- (a) shall have power to supervise the implementa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ction 230 cannot be implemented satisfactorily with or without modifications, and the company is unable to pay its debts as per the scheme, it may make an order for winding up the company and such an ..... X X X X Extracts X X X X X X X X Extracts X X X X
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